The 10,000 jobs to be cut, representing 5% of Microsoft's global workforce, have reportedly affected teams behind metaverse and VR initiatives like Altspacevr and the Mixed Reality Tool Kit.
hit metaverse and VR initiatives of the company, potentially affecting progress in these areas. Among the 10,000 jobs to be cut this year, representing 5% of Microsoft’s global workforce, teams behind initiatives like Altspacevr and the Mixed Reality Tool Kit are being axed as part of this reorganization process.its platform on March 10.
The reported layoffs at Microsoft affect initiatives focused on the consumer metaverse primarily, following the course that Meta has taken byHowever, the higher-ups at Microsoft are believers in the metaverse and other disruptive technologies, and the progress these will bring in the future. Recently, Satya Nadella, CEO of the company, stated that the sense of presence that metaverse tech can bring is game-changing.
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